CASTECH Balance Sheet Health
Financial Health criteria checks 5/6
CASTECH has a total shareholder equity of CN¥1.7B and total debt of CN¥1,000.0K, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are CN¥1.9B and CN¥237.3M respectively. CASTECH's EBIT is CN¥225.9M making its interest coverage ratio -33.2. It has cash and short-term investments of CN¥268.1M.
Key information
0.06%
Debt to equity ratio
CN¥1.00m
Debt
| Interest coverage ratio | -33.2x |
| Cash | CN¥268.07m |
| Equity | CN¥1.71b |
| Total liabilities | CN¥237.28m |
| Total assets | CN¥1.94b |
Recent financial health updates
No updates
Recent updates
Solid Earnings May Not Tell The Whole Story For CASTECH (SZSE:002222)
Nov 07
CASTECH Inc.'s (SZSE:002222) P/E Is Still On The Mark Following 26% Share Price Bounce
Sep 28CASTECH (SZSE:002222) Could Be Struggling To Allocate Capital
Aug 26Shareholders Should Be Pleased With CASTECH Inc.'s (SZSE:002222) Price
Jun 28CASTECH's (SZSE:002222) Anemic Earnings Might Be Worse Than You Think
May 03Return Trends At CASTECH (SZSE:002222) Aren't Appealing
Mar 25There's Reason For Concern Over CASTECH Inc.'s (SZSE:002222) Massive 27% Price Jump
Mar 04Financial Position Analysis
Short Term Liabilities: 002222's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥170.4M).
Long Term Liabilities: 002222's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥66.9M).
Debt to Equity History and Analysis
Debt Level: 002222 has more cash than its total debt.
Reducing Debt: 002222's debt to equity ratio has increased from 0% to 0.06% over the past 5 years.
Debt Coverage: 002222's debt is well covered by operating cash flow (22073.4%).
Interest Coverage: 002222 earns more interest than it pays, so coverage of interest payments is not a concern.